Program areas at Indiana University Health
Net patient service revenue: Indiana University Health, Inc. ("iu Health") is an academic Health center comprised of iu Health methodist hospital, iu Health University hospital, and riley hospital for children at iu Health (together referred to as "iu Health academic Health center"), iu Health saxony hospital, and iu Health morgan. It also offers pharmacy, home care, outpatient, and emergency transport services throughout the central Indiana area. Iu Health incorporates a unique partnership with Indiana University school of medicine ("iu school of medicine"), one of the nation's leading medical schools, to give patients access to innovative treatments and therapies, all without regard to their ability to pay. Iu Health is also the parent organization of the iu Health system, Indiana's most comprehensive Health care system. Iu Health methodist and iu Health University hospitals iu Health methodist and iu Health University hospitals, located in indianapolis, Indiana, are a 1,025-bed adult academic Health center in partnership with the iu school of medicine. Iu Health methodist hospital and iu Health University hospital are designated as magnet hospitals, recognized for excellence in nursing services and high-quality clinical outcomes for patients. Iu Health University hospital is a leading academic medical center with a commitment to disseminating research findings while improving the quality of life for people on a local, regional, national and international basis. Iu Health methodist hospital and iu Health University hospital both serve an adult population. These hospitals lead the way in community benefit initiatives. A substantial piece of community benefit is providing excellent care to patients, regardless of their ability to pay. Riley hospital for children at iu Health riley hospital for children at iu Health, located in indianapolis, Indiana, is a 276-bed children's hospital that is Indiana's largest and most comprehensive pediatric hospital. It is regularly ranked among the top children's hospitals in the county by u.s. news & world report's best children's hospitals. In addition to clinical expertise, riley hospital for children at iu Health's partnership with the iu school of medicine ensures that patients have access to the most innovative treatments and the latest research and technology. Riley hospital for children at iu Health provides comprehensive, family-centered care to more than 250,000 children annually through its statewide primary and specialty care offices, and inpatient and outpatient services at its flagship hospital. Pediatric patients and their families travel from all 92 Indiana counties, the region and the world to access the nationally recognized clinical programs of riley hospital for children at iu Health. Riley hospital for children at iu Health is also designated as a magnet hospital, recognized for excellence in nursing services and high-quality clinical outcomes for patients. Iu Health saxony hospital iu Health saxony hospital, located in fishers, Indiana, is a 32-bed specialty care hospital primarily focusing on surgical services for cardiovascular and orthopedics. It opened in 2011 and includes six operating rooms, a full emergency department, a helipad for medical transport and a medical office complex. Iu Health saxony hospital is also home to the Indiana University Health hip and knee center. Here, the team of fellowship trained surgeons perform more hip and knee replacements than any other iu Health facility in the state. Iu Health morgan iu Health morgan, an outpatient department of the iu Health academic Health center located in martinsville, Indiana, offers coverage in adult and pediatric care; specialty care; emergency and urgent care; diagnostic imaging including 3d mammography; lab testing; outpatient surgical services; cancer care, including medical and radiation oncology; cardiac, physical, speech and occupational therapies; sleep lab; and community Health and wellness, including medical nutrition therapy and diabetes care.
MEMBER PREMIUM REVENUE: The Indiana University Health System has agreements to provide medical services to subscribing participants or members that generally provide for predefined payments (on a per member, per month basis), regardless of services actually performed. The cost to provide health care services under these agreements is accrued in the period in which the health care services are provided to a member based, in part, on estimates, including an accrual for medical services provided but not yet reported.
LABORATORY SERVICES: The laboratories of IU Health offer some of the most comprehensive laboratory services in Indiana. Open 24 hours a day, seven days a week, the laboratories perform more than 19 million tests a year. In addition to IU Health, laboratory testing services are provided to hospitals and physicians across the country.
SHARED SERVICES REVENUE: AS THE PARENT OF THE INDIANA UNIVERSITY HEALTH SYSTEM, IU HEALTH FACILITATES EFFORTS AND SHARED SERVICES ON BEHALF OF AND FOR THE BENEFIT OF IU Health AND ITS AFFILIATES. CERTAIN COSTS RELATED TO PROVIDING THESE SHARED SERVICES ARE ALLOCATED OUT OR CHARGED TO THE AFFILIATES. FACILITATING THESE EFFORTS AND SERVICES ALLOWS IU Health AND ITS AFFILIATES TO BETTER CARRY OUT THEIR EXEMPT FUNCTIONS BY REDUCING COSTS, HAVING STANDARDIZED PRACTICES AND PROCEDURES, AND CREATING ECONOMIES OF SCALE.
PHARMACY SERVICES: Our network of pharmacies offers the ease of "one-stop" shopping. With services designed to meet your needs, we will provide expert care and help patients make the best use of their medications.
ALL OTHER PROGRAMS, SUCH AS RENT FROM RELATED 501(c)(3) ORGANIZATIONS, INCOME FROM PASS-THROUGH ENTITIES